LOT #3927 |
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1910-S $20 MS66+ PCGS....
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Sold on Jan 12, 2023 for:
$48,000.00
Bid Source: Live: Phone bidder
Description
1910-S Double Eagle, MS66+
Exceptionally High-End for the Issue
1910-S $20 MS66+ PCGS. Ex: Simpson. The 1910-S Saint-Gaudens
double eagle is generally available through MS64 and is seen with
some regularity even in MS65. However, in higher grades the date
becomes a major condition rarity. Few examples were preserved for
numismatic purposes aside from a small number of pieces acquired
directly from the San Francisco Mint by collectors such as John M.
Clapp. Most examples of this issue were used for various trade
arrangements. In Saint-Gaudens Double Eagles, Roger Burdette
notes that about 1.4 million 1910-S double eagles were sent to
Europe. He adds:"Another 385,000 went to South and Central America, while 300,000 were used along the North American west coast and in Mexico. Coins shipped to South America typically remained in original bags until they were reshipped to Europe or back to the United States to pay for manufactured good [sic] and infrastructure improvements."
Burdette notes that a group of about 100 Mint State pieces was discovered in a Swiss bank in 1981, and another four bags of coins -- 1,000 pieces -- turned up in Central America two years later. These hoards helped populate the low and middle grades of the modern survivorship, but did little to improve the availability of high-end examples. The Simpson coin, a Plus-graded Premium Gem, is within the Condition Census of known examples and is a major rarity.
Luminous, frosty orange-gold luster adorns boldly struck design elements and incredibly clean surfaces, with no distracting abrasions seen. Even a loupe has difficulty finding minute marks that might serve as pedigree markers. An outstanding 1910-S double eagle. Population: 13 in 66 (5 in 66+), 2 finer (11/22).
Important Selections from The Bob R. Simpson Collection, Part X. (Registry values: N4719)
Coin Index Numbers: (NGC ID# 26FH, PCGS# 9156, Greysheet# 10166)
Weight: 33.44 grams
Metal: 90% Gold, 10% Copper
Note for clients in the European Union: This lot is considered by the European Union to be “investment gold”. We believe that it meets the criteria established in Article 344(1), point (2) of Council Directive 2006/112/EC and thus should be exempt from import VAT regardless of the selling price. Any questions or concerns about VAT should be addressed to your accountant or local tax authority.
View all of [Important Selections from The Bob R. Simpson Collection, Part X ]
Auction Info
2023 January 11 - 15 FUN US Coins Signature® Auction #1356 (go to Auction Home page)
Auction Dates
January, 2023
11th-15th
Wednesday-Sunday
Bids + Registered Phone Bidders: 27
Lot Tracking Activity: N/A
Page Views: 577
Buyer's Premium per Lot:
20% of the successful bid per lot.
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